10 Things You Should Know Before You Name Your Business
1. Target Market: Research by international marketing agencies has proved that businesses should spend…
If you've been interested in online earning, you've heard at least once that 98 out of every 100 marketers fail to see any true earnings online. If you've also read any of Dr. Napoleon Hill's works, you have read in one form or another that 98 out of every 100 people who are dissatisfied with their world do not have a clear picture in their minds of the world they would like for themselves.
This is no mere coincidence. The very reason that so many people who start off with the interest of earning money from their desktop or laptop never reach that dream is the fact that they have no clue what earning online should be for them!
Not to worry, if you are one of these people who aren't getting what they want out of online earning, Dr. Hill also gives us a blueprint to actually achieving the success that you desire; the 17 Principles of Success. These principles hold great power to whatever you choose, including getting the riches you desire online.
Lesson 1: Definiteness of Purpose– Definiteness of purpose is the starting point of all achievement. Without a purpose and a plan, people drift aimlessly through life.
This aspect is crucial to have before you even turn on your computer. Take the time to figure out your strengths, what you like doing and are good at. Get an idea of what it is you actually want to do to bring in money before you start your search. Having a clear picture in mind allows you to notice the opportunities that are right for you, as well as avoid scammers.
Lesson 2: Mastermind Alliance– The mastermind principle consists of an alliance of two or more minds working in perfect harmony for the attainment of a common objective. Success does not come without the cooperation of others.
Many do think that since you are working from home, you are working alone. This is actually detrimental to your success. You want to get around those who are having success in their own business and are willing to share information and ideas. Having these people as your mentors will help you to be in the right mindset for success.
Lesson 3: Applied Faith–Faith is a state of mind through which your aims, desires, plans and purposes may be translated into their physical or financial equivalent.
Many people think a healthy dose of skepticism is what is necessary to navigate through earning online. While you should evaluate any opportunity you come across, you also have to keep an open mind and faith that there is a way to earn the income of your desires from your computer JUST FOR YOU.
Lesson 4: Going the Extra Mile– The action of rendering more and better service than that for which you are presently paid. When you go the extra mile, the law of compensation comes into play.
Once you find the avenue of earning that is best for you, you must get in the habit of giving more than what you are currently paid. If you get an online job, this would mean going above and beyond in your defined position; in the case of business, reaching out to everyone that you bring aboard to the business and help them in the best way you can, whether you are paid for that assistance or not. Making this a consistent habit will propel you to new and wonderful heights in your chosen venue.
Lesson 5: Pleasing Personality– The sum total of one's mental, spiritual, and physical traits and habits that distinguish one from all the others. It is the factor that determines whether one is liked or disliked by others.
Once you are in your chosen venue, the first thing that will set you apart from everyone else will be a pleasing personality. This is what attracts people to purchase from you, and trust the information you are giving. It also calls the attention of supervisory persons to assist you in moving up the ranks towards your success.
Lesson 6: Personal Initiative– The power that inspires the completion of that which one begins. It is the power that starts all action. No person is free until he learns to do his own thinking and gains the courage to act on his own.
Again, when you work from home you have no one over your shoulder telling you what to do. This is a freedom but it comes with deep responsibility. You have to have the discipline to meet scheduled working times and task goals as given. Even more so if you choose to work a home business. You must create those schedules and goals for yourself then achieve them.
Lesson 7: Positive Mental Attitude– The right mental attitude in all circumstances. Success attracts more success while failure attracts more failure.
No matter where you are in life, what has happened in the past with other businesses, or how many times you attempted the online earnings of your dreams; you must without a doubt believe in your ability to achieve your goals and persist toward obtaining them. If you dwell on the negative circumstances that you have experienced in the past, you are doomed to encounter more hardship. Stay focused on the goals that you have, and how you will feel when these goals are achieved, this will propel you towards more and continued success.
Lesson 8: Enthusiasm-Enthusiasm is faith in action. It is the intense emotion known as burning desire. It comes from within, although it radiates outwardly in the expression of one's voice and countenance.
This is one of the main reasons for the principle in business that "People don't join opportunities, people join people" holds true. When a person joins an opportunity, it isn't because it's the best out there, it's that the person that introduced them to the opportunity was able to get that person excited about the business and to see themselves in the opportunity. The only way this can be done is to show enthusiasm in each contact you make. This also requires that you be in an opportunity that you believe in beyond just income, IMHO.
Lesson 9: Self-Discipline-Self-discipline begins with the mastery of thought. If you do not control your thoughts, you cannot control your needs. Self-discipline calls for a balancing of the emotions of your heart with the reasoning faculty of your head.
Another big reason, yet little talked about reason that people fail to see consistent money in online business is that some are able to put all the pieces together and earn a good lump sum starting out in a particular business; but instead of investing a portion back into said business, they do other things that eventually stop their flow of leads into their funnel.
Another reason for failure goes back to Lesson 6; many are used to having a set list of instructions and someone over their shoulder forcing them to complete their work task. Now, with the absence of these drivers, they fail to consistently put effort towards the education and promotion of their business; again causing their traffic to dry up.
In order to succeed in online business, you must have the self-discipline to create a scheduled regimen of all the tasks you need to perform in order to earn money; then put that consistent effort behind getting these tasks completed on a regular basis.
Lesson 10: Accurate Thinking–The power of thought is the most dangerous or the most beneficial power available to man, depending on how it is used.
The deciding factor of home business has nothing to do with what business you are in or how you promote that business, its believing that IT CAN HAPPEN FOR YOU. You have to know beyond any doubt that you can succeed in the venture that you have chosen. The moment you begin to doubt that you can learn or execute, that is the moment that you start to fail.
Lesson 11: Controlled Attention-Controlled attention leads to mastery in any type of human endeavor, because it enables one to focus the powers of his mind upon the attainment of a definite objective and to keep it so directed at will.
This lesson focuses on two types of people that fail to see earnings online; those that quit once they don't see a million dollars overnight, and those who have the "program hopper syndrome. They both fall short due to one thing, assuming the opportunities they are in are legit: They fail to put any lasting effort behind any one system to see the results they are looking for.
One you have chosen an opportunity, you must then learn all you can about the opportunity itself and the best ways to approach candidates for that business. And that learning must be executed on a consistent basis as well; never get into "analysis paralysis" Learn a skill, execute that skill on a consistent basis, master then move on to the next.
Lesson 12: Teamwork–Teamwork is harmonious cooperation that is willing, voluntary and free. Whenever the spirit of teamwork is the dominating influence in business or industry, success is inevitable. Harmonious cooperation is a priceless asset that you can acquire in proportion to your giving.
Even though you are in a home business it doesn't mean that you should work alone. Many businesses do offer groups and conference where members come together and share ideas and strategies; however go further and work with each person that you bring on board to your opportunity. Share ideas and what strategies have personally worked for you. As the saying goes; "If you help enough people get what they want, you will get what you want."
Lesson 13: Adversity & Defeat-Individual success usually is in exact proportion of the scope of the defeat the individual has experienced and mastered. Many so-in disguise.
Many take the roadblocks they encounter in promoting home business as reason to give up… if you want success this cannot be you! Instead, each time you come up against a roadblock, you should see why your efforts have failed and then adjust them accordingly. Failure is temporary, it only becomes permanent when you accept it as such.
Lesson 14: Creative Vision–Creative vision is developed by the free and fearless use of one's imagination. It is not a miraculous quality with which one is gifted or is not gifted at birth.
Never be afraid of your ideas, EVER! As you keep your mind positive, and put consistent effort towards attaining your goals, you will find that you will experience flashes of inspiration for new ideas in business, or ways to execute your tasks in a better way, or other ways to help your business.
As soon as you have these experiences, WRITE THEM DOWN! Ideas can be fleeting. As you create these ideas put them to use as well. Even if the ideas that you put into action aren't as successful as you've hoped, remember the last lesson; at very least there will be a learning experience that will assist you in the future.
Lesson 15: Health–Sound health begins with a sound health consciousness, just as financial success begins with a prosperity consciousness.
You want to be around to see those dreams come to pass, right? How about having enough energy to put up the necessary consistent effort behind your tasks? That all comes from taking care of your health in the right way. This means eating right, getting exercise, and taking time away from your business to enjoy life itself.
Lesson 16: Budgeting Time & Money-Time and money are precious resources, and few people striving for success ever believe they possess either one in excess.
Treat both of these like diamonds set in platinum. Ensure that the majority of your time is spent on those actions that either make you money directly or strengthen your team. Also, reinvest in your business, only spending on those things that are necessary to again, the things that make you the most money, or help the largest number of people on your team to make money.
Lesson 17: Habits-Developing and establishing positive habits leads to peace of mind, health and financial security. You are where you are because of your established habits and thoughts and deeds.
This last lesson picks up where lesson 9 and 11 leave off. After you learn the skills necessary to promote your business in the best manner, use these methods consistently while tracking them, and finally repeating those methods that work best for you on a regular basis; these tasks become habit.
Also, by continually using Positive Mental Attitude and participating in those things that promote that attitude (Lesson 7), this too becomes a positive habit; making it easier and easier to believe in your success.
It is amazing to see that what Dr. Hill wrote many years before the internet was even conceived still applies seamlessly to Online and Home Business today. If your goal is to have tremendous success from home, you must align yourself with the 17 principles above, or else suffer along with the 97%.
One way to do that is to read the book Think and Grow Rich, which is based on these principles mentioned above, and compound that with joining a MasterMind Group with similar goals, in order to truly internalize these principles moving forward.
If you have never read this book, or if you have and you are in search of a MasterMind Group to join, both can be found at this website
http://thinkandgrowrichaudios.com There's nothing to buy to get the free PDF download, or even to join on the daily mastermind call (it’s not my site, so you won't end up on my list either!), but it can be worth a lifetime of wealth to those who take advantage!
Learn more about my journey at http://about.me/kenyastallworth
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